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Agenda Packet
Thursday April 8, 2021
Conference Call
5:30 P.M.
1 IDA
Russell County, VA
Agenda Packet
Thursday April 8, 2021
Conference Call
5:30 P.M.
Virginia Code
Closed Sessions 2.2-3711


Personnel


Acquisition/Sale of Property


Privacy of Individuals


Prospective Unannounced Business


7 & 8.  Legal
Virginia Code
Closed Sessions 2.2-3711




4,
5.
Personnel
Acquisition/Sale of Property
Privacy of Individuals
Prospective Unannounced Business
7 &8. Legal
April 8, 2021
AGENDA
The Industrial Development Authority of Russell County Virginia will hold its
regular monthly meeting April 8, 2021 at 5:30 PM via conference call, pursuant to the
Russell County Emergency Ordinance of April 6, 2020.
Please join my meeting from your computer, tablet or smartphone.
https://global.gotomeeting.com/join/403407421
You can also dial in using your phone.
United States: +1 (571) 317-3112
Access Code: 403-407-421
For Closed Session
Please join my meeting from your computer, tablet or smartphone.
https://global.gotomeeting.com/join/206304157
You can also dial in using your phone.
United States: +1 (571) 317-3122
Access Code: 206-304-157
Call to Order


Roll Call


Approval of Minutes


Approval of Financial and Treasurer’s Report


Guest Presentations


Attorney’s Report


Chairman’s Report


Old Business


New Business


Closed Session as permitted by Virginia Code #2.2-3711


Adjourn Meeting


https://global.gotomeeting.com/join/403407421
tel:+15713173112,403407421
https://global.gotomeeting.com/join/206304157
tel:+15713173122,206304157
1
IDA Russell County, VA
Industrial Development Authority of
Russell County, Virginia
April 8, 2021
AGENDA
The Industrial Development Authority of Russell County Virginia will hold its
regular monthly meeting April 8, 2021 at 5:30 PM via conference call, pursuant to the
Russell County Emergency Ordinance of April 6, 2020.
Please join my meeting from your computer, tablet or smartphone.
htt lobal.gotomeeting.com/join/403407421
You can also dial in using your phone.
United States: +1 (571) 317-3112
Access Code: 403-407-421
For Closed Session
Please join my meeting from your computer, tablet or smartphone.
https://global.gotomeeting.com/join/206304157
You can also dial in using your phone.
United States: +1 (571) 317-3122
Access Code: 206-304-157
Call to Order

Roll Call
Approval of Minutes
Approval of Financial and Treasurer’s Report
Guest Presentations
Attorney’s Report
Chairman’s Report
Old Business
New Business
Closed Session as permitted by Virginia Code #2.2-3711
Adjourn Meeting

Senay Pwn
March 11, 2021
The Regular monthly meeting of the Industrial Development Authority of
Russell County, Virginia was held on March 11, 2021 at 5:30 P.M. via conference
call pursuant to the Russell County Emergency Ordinance of April 6, 2020.
MEMBERS
PRESENT:    Ernie McFaddin, Chairman
Richard Lockridge, Vice Chairman  

Carlton Elliott, Secretary
Roger Sword, Member
John Stamper, Member
Donnie Christian, Member
ABSENT:  Scott Gilmer, Member
Tony Dodi, Member
Jarred Glass, Member
STAFF:  Katherine Patton, Attorney
The Chairman called the meeting to order at 5:33 P.M.
Secretary called the roll and recorded the roll call.
APPROVAL OF MINUTES
Upon motion made by Richard Lockridge, second by Roger Sword and duly
approved by the Industrial Development Authority of Russell County, Virginia to
approve the minutes of the February 11, 2021 meeting.
The Roll Call Vote was:
Aye: R. Lockridge, C. Elliott, R. Sword, J. Stamper
Absent: S. Gilmer, T. Dodi, J. Glass, D. Christian
Nay:  None
FINANCIAL REPORT
Upon motion made by Richard Lockridge, second by Roger Sword, and duly
approved by the Industrial Development Authority of Russell County, Virginia to
approve to pay invoices presented.
The Roll Call Vote was:
Aye: R. Lockridge, C. Elliott, R. Sword, J. Stamper
March 11, 2021
The Regular monthly meeting of the Industrial Development Authority of
Russell County, Virginia was held on March 11, 2021 at 5:30 P.M. via conference
call pursuant to the Russell County Emergency Ordinance of April 6, 2020.
MEMBERS
PRESENT: Ernie McFaddin, Chairman
Richard Lockridge, Vice Chairman
Carlton Elliott, Secretary
Roger Sword, Member
John Stamper, Member
Donnie Christian, Member
ABSENT: Scott Gilmer, Member
Tony Dodi, Member
Jarred Glass, Member
STAFF: Katherine Patton, Attorney
The Chairman called the meeting to order at 5:33 P.M.
Secretary called the roll and recorded the roll call.
APPROVAL OF MINUTES
Upon motion made by Richard Lockridge, second by Roger Sword and duly
approved by the Industrial Development Authority of Russell County, Virginia to
approve the minutes of the February 11, 2021 meeting.
The Roll Call Vote was:
Aye: R. Lockridge, C. Elliott, R. Sword, J. Stamper
Absent: S. Gilmer, T. Dodi, J. Glass, D. Christian
Nay: None
FINANCIAL REPORT
Upon motion made by Richard Lockridge, second by Roger Sword, and duly
approved by the Industrial Development Authority of Russell County, Virginia to
approve to pay invoices presented.
The Roll Call Vote was:
Aye: R. Lockridge, C. Elliott, R. Sword, J. Stamper
Absent: S. Gilmer, T. Dodi, J. Glass, D. Christian
Nay:  None
PUBLIC/GUEST PRESENTATIONS
No guest presentations.
ATTORNEY’S REPORT
The Attorney asked the IDA board to accept a resolution in memory of
former board member Steve Banner.
Upon motion made by Roger Sword, second by Richard Lockridge, and duly
approved by the Industrial Development Authority of Russell County, adopting a
Resolution celebrating the life and service of Steve Banner.  The Chairman and
Secretary are hereby authorized to sign all documentation relating to this
resolution.
The Roll Call Vote was:
Aye: R. Lockridge, C. Elliott, R. Sword, J. Stamper, D. Christian
Absent: S. Gilmer, T. Dodi, J. Glass
Nay:  None
CHAIRMAN’S REPORT
The chairman reported the IDA has been asked to support a seed capitol
grant to VCEDA for the Stone Cellar.
Upon motion made by Richard Lockridge, second by Roger Sword, and duly
approved by the Industrial Development Authority of Russell County, authorizing
the chairman to submit a letter of support to VCEDA for a seed capital application
for The Stone Cellar.  The chairman and secretary are hereby authorized to sign all
documentation relating to this request.
The Roll Call Vote was:
Aye: R. Lockridge, C. Elliott, R. Sword, J. Stamper, D. Christian
Absent: S. Gilmer, T. Dodi, J. Glass
Nay:  None
CLOSED SESSION
Upon motion made by Donnie Christian, second by Richard Lockridge and
duly approved by the Industrial Development Authority of Russell County,
Virginia to enter Closed Session as permitted by, VA Code #2.2-3711 (1)
Absent: S. Gilmer, T. Dodi, J. Glass, D. Christian
Nay: None
PUBLIC/GUEST PRESENTATIONS
No guest presentations.
ATTORNEY’S REPORT
The Attorney asked the IDA board to accept a resolution in memory of
former board member Steve Banner.
Upon motion made by Roger Sword, second by Richard Lockridge, and duly
approved by the Industrial Development Authority of Russell County, adopting a
Resolution celebrating the life and service of Steve Banner. The Chairman and
Secretary are hereby authorized to sign all documentation relating to this
resolution.
The Roll Call Vote was:
Aye: R. Lockridge, C. Elliott, R. Sword, J. Stamper, D. Christian
Absent: S. Gilmer, T. Dodi, J. Glass
Nay: None
CHAIRMAN’S REPORT
The chairman reported the IDA has been asked to support a seed capitol
grant to VCEDA for the Stone Cellar.
Upon motion made by Richard Lockridge, second by Roger Sword, and duly
approved by the Industrial Development Authority of Russell County, authorizing
the chairman to submit a letter of support to VCEDA for a seed capital application
for The Stone Cellar. The chairman and secretary are hereby authorized to sign all
documentation relating to this request.
The Roll Call Vote was:
Aye: R. Lockridge, C. Elliott, R. Sword, J. Stamper, D. Christian
Absent: S. Gilmer, T. Dodi, J. Glass
Nay: None
CLOSED SESSION
Upon motion made by Donnie Christian, second by Richard Lockridge and
duly approved by the Industrial Development Authority of Russell County,
Virginia to enter Closed Session as permitted by, VA Code #2.2-3711 (1)
Personnel (3) Property (5) Prospective unannounced industry (7) & (8) Legal
Counsel.
The Roll Call Vote was:
Aye: R. Lockridge, C. Elliott, R. Sword, J. Stamper, D. Christian
Absent: S. Gilmer, T. Dodi, J. Glass
Nay:  None
RECONVENE TO PUBLIC SESSION
Upon motion made by Donnie Christian, second by Richard Lockridge, and
duly approved by The Industrial Development Authority of Russell County,
Virginia, the Chairman called the meeting back into regular session and requested
the “Certification Motion after reconvening in Public Session”.
The Roll Call Vote was:
Aye: R. Lockridge, C. Elliott, R. Sword, J. Stamper, D. Christian
Absent: S. Gilmer, T. Dodi, J. Glass
Nay:  None
CERTIFICATION AFTER RECONVENING IN PUBLIC SESSION
The Industrial Development Authority of Russell County, Virginia hereby
certifies that, in the closed session just concluded, nothing was discussed except
the matter or matters (1) specifically identified in the motion to convene in closed
session and (2) lawfully permitted to be so discussed under the provision of the
Virginia Freedom of Information Act cited in that motion.
The Roll Vote Was:
Ernie McFaddin Yes
Carlton Elliott Yes
Scott Gilmer Absent
Tony Dodi  Absent
      Roger Sword Yes 

Donnie Christian  Yes
Jarred Glass  Absent
John Stamper Yes
Richard Lockridge Yes
MOTIONS FROM CLOSED SESSION
Upon motion made by Donnie Christian, second by Roger Sword, and duly
approved by The Industrial Development Authority of Russell County, Virginia
authorizing the chairman to draft a resolution and apply to The Department of
Agriculture for a planning grant to support the Southwest VA Aquaculture
Producers Network project.  The chairman and secretary are hereby authorized to
sign all documentation relating to this project.
Personnel (3) Property (5) Prospective unannounced industry (7) & (8) Legal
Counsel.
The Roll Call Vote was:
Aye: R. Lockridge, C. Elliott, R. Sword, J. Stamper, D. Christian
Absent: S. Gilmer, T. Dodi, J. Glass
Nay: None
RECONVENE TO PUBLIC SESSION
Upon motion made by Donnie Christian, second by Richard Lockridge, and
duly approved by The Industrial Development Authority of Russell County,
Virginia, the Chairman called the meeting back into regular session and requested
the “Certification Motion after reconvening in Public Session”.
The Roll Call Vote was:
Aye: R. Lockridge, C. Elliott, R. Sword, J. Stamper, D. Christian
Absent: 8. Gilmer, T. Dodi, J. Glass
Nay: None
CERTIFICATION AFTER RECONVENING IN PUBLIC SESSION,
The Industrial Development Authority of Russell County, Virginia hereby
certifies that, in the closed session just concluded, nothing was discussed except
the matter or matters (1) specifically identified in the motion to convene in closed
session and (2) lawfully permitted to be so discussed under the provision of the
Virginia Freedom of Information Act cited in that motion.
The Roll Vote Was:
Emie McFaddin Yes Donnie Christian Yes
Carlton Elliott Yes Jarred Glass Absent
Scott Gilmer Absent John Stamper Yes
Tony Dodi Absent Richard Lockridge Yes
Roger Sword Yes
MOTIONS FROM CLOSED SESSION
Upon motion made by Donnie Christian, second by Roger Sword, and duly
approved by The Industrial Development Authority of Russell County, Virginia
authorizing the chairman to draft a resolution and apply to The Department of
Agriculture for a planning grant to support the Southwest VA Aquaculture
Producers Network project. The chairman and secretary are hereby authorized to
sign all documentation relating to this project.
The Roll Call Vote was:
Aye: R. Lockridge, C. Elliott, R. Sword, J. Stamper, D. Christian
Absent: S. Gilmer, T. Dodi, J. Glass
Nay:  None
Upon motion made by Donnie Christian, second by Roger Sword, and duly
approved by the Industrial Development Authority of Russell County, Virginia
authorizing the chairman to draft a resolution and apply to The Tobacco
Commission for a grant to support the Southwest VA Aquaculture Producers
Network project.  The chairman and secretary are hereby authorized to sign all
documentation relating to this project.
The Roll Call Vote was:
Aye: R. Lockridge, C. Elliott, R. Sword, J. Stamper, D. Christian
Absent: S. Gilmer, T. Dodi, J. Glass
Nay:  None
Upon motion made by Richard Lockridge, second by Donnie Christian, and
duly approved by the Industrial Development Authority of Russell County,
Virginia authorizing the chairman to apply to The Cumberland Forest Commission
Fund for a grant to support Project Reclaim.  The chairman and secretary are
hereby authorized to sign all documentation relating to this project.
The Roll Call Vote was:
Aye: R. Lockridge, C. Elliott, R. Sword, J. Stamper, D. Christian
Absent: S. Gilmer, T. Dodi, J. Glass
Nay:  None
Upon motion made by Roger Sword, second by Donnie Christian, and duly
approved by the Industrial Development Authority of Russell County, Virginia
authorizing the chairman to negotiate and complete the sale of property located
adjacent to the Tri State Energy property on Clydesway Drive, Lebanon VA.  The
chairman and secretary are hereby authorized to sign all documentation relating to
this project.
The Roll Call Vote was:
Aye: R. Lockridge, C. Elliott, R. Sword, J. Stamper, D. Christian
Absent: S. Gilmer, T. Dodi, J. Glass
Nay:  None
The Roll Call Vote wa:
Aye: R. Lockridge, C. Elliott, R. Sword, J. Stamper, D. Christian
Absent: S. Gilmer, T. Dodi, J. Glass
Nay: None
Upon motion made by Donnie Christian, second by Roger Sword, and duly
approved by the Industrial Development Authority of Russell County, Virginia
authorizing the chairman to draft a resolution and apply to The Tobacco
Commission for a grant to support the Southwest VA Aquaculture Producers
Network project. The chairman and secretary are hereby authorized to sign all
documentation relating to this project.
The Roll Call Vote was:
Aye: R. Lockridge, C. Elliott, R. Sword, J. Stamper, D. Christian
Absent: S. Gilmer, T. Dodi, J. Glass
Nay: None
Upon motion made by Richard Lockridge, second by Donnie Christian, and
duly approved by the Industrial Development Authority of Russell County,
Virginia authorizing the chairman to apply to The Cumberland Forest Commission
Fund for a grant to support Project Reclaim. The chairman and secretary are
hereby authorized to sign all documentation relating to this project.
The Roll Call Vote was:
Aye: R. Lockridge, C. Elliott, R. Sword, J. Stamper, D. Christian
Absent: S. Gilmer, T. Dodi, J. Glass
Nay: None
Upon motion made by Roger Sword, second by Donnie Christian, and duly
approved by the Industrial Development Authority of Russell County, Virginia
authorizing the chairman to negotiate and complete the sale of property located
adjacent to the Tri State Energy property on Clydesway Drive, Lebanon VA. The
chairman and secretary are hereby authorized to sign all documentation relating to
this project.
The Roll Call Vote wa
Aye: R. Lockridge, C. Elliott, R. Sword, J. Stamper, D. Christian
Absent: S. Gilmer, T. Dodi, J. Glass
Nay: None
Upon motion made by Donnie Christian, second by John Stamper, and duly
approved by the Industrial Development Authority of Russell County, Virginia
authorizing the chairman to execute a Letter of Intent with SkySolar for potential
solar sites throughout the county.  The chairman and secretary are hereby
authorized to sign all documentation relating to this project.
The Roll Call Vote was:
Aye: R. Lockridge, C. Elliott, R. Sword, J. Stamper, D. Christian
Absent: S. Gilmer, T. Dodi, J. Glass
Nay:  None
PUBLIC COMMENT
No public comment
ADJOURNMENT
Upon motion made by Donnie Christian, second by Roger Sword, and duly
approved by the Industrial Development Authority of Russell County, Virginia
adjourning this meeting at 7:05 PM
The Roll Call Vote was:
Aye: R. Lockridge, C. Elliott, R. Sword, J. Stamper, D. Christian
Absent: S. Gilmer, T. Dodi, J. Glass
Nay:  None
Upon motion made by Donnie Christian, second by John Stamper, and duly
approved by the Industrial Development Authority of Russell County, Virginia
authorizing the chairman to execute a Letter of Intent with SkySolar for potential
solar sites throughout the county, The chairman and secretary are hereby
authorized to sign all documentation relating to this project.
The Roll Call Vote was:
Aye: R. Lockridge, C. Elliott, R. Sword, J. Stamper, D. Christian
Absent: S. Gilmer, T. Dodi, J. Glass
Nay: None
PUBLIC COMMENT
No public comment
ADJOURNMENT
Upon motion made by Donnie Christian, second by Roger Sword, and duly
approved by the Industrial Development Authority of Russell County, Virginia
adjourning this meeting at 7:05 PM
The Roll Call Vote was:
Aye: R. Lockridge, C. Elliott, R. Sword, J. Stamper, D. Christian
Absent: S. Gilmer, T. Dodi, J. Glass
Nay: None
9042MO - Russell County Industrial Development Authority
Bank Account Register
1 Operating Account
February 1, 2021 - February 28, 2021
Deposits/
Additions
Checks/
Payments BalanceDescriptionDate Reference Payee ZD
121,211.20
115,446.61
113,967.61
113,928.39
113,890.89
127,472.89
126,972.89
112,058.67
114,468.67
103,718.67
91,277.01
Beginning Balance
First Bank & Trust-DSS
Chafin Law Firm, P.C.
Dominion Office Products Inc.
Innovative Technoiogy Solutions
RC Dept of SS - January -154421
Bostic, Tucker & Co.
Russeii County Board of Supervisors
Rent - Data Entry
Treasure of Virginia
Virginia Coaifield Economic Development
Authority
Transfer Back from Motei
Sword, Roger D
Gilmer, Scott J
Elliott, Cariton
McFaddin, Ernest
Lockridge, Richard
Glass, Jarred
Christian, Donnie
Stamper, John Michaei
Internal Revenue Service
5,764.59
1,479.00
39.22
37.50
02/01/21
02/02/21
02/02/21
02/02/21
02/08/21
02/08/21
02/08/21
02/08/21
02/10/21
02/10/21
TG
6029 Chafin Law
DomOffice
Innovative
6030
6031
13,582.00
500.00
14,914.22
6032 BTC
6035 RCBOS
2,410.00TG
10,750.00
12,441.66
6033 VaTobacco
VCEDA6034
92,392.01
92,207.31
92,022.61
91,837.91
86,653.21
86,468.51
86,283.81
86,099.11
85,914.41
85,454.31
82,954.69
72,954.69
72,854.69
75,211.44
75,811.44
1,115.0002/10/21
02/11/21
02/11/21
02/11/21
02/11/21
02/11/21
02/11/21
02/11/21
02/11/21
02/15/21
02/16/21
02/16/21
02/17/21
02/19/21
02/19/21
TG
184.70
184.70
184.70
5,184.70
184.70
184.70
184.70
184.70
460.10
2,499.62
10,000.00
100.00
1508
1509
1511
1512
1513
1514
1515
1516
TG 941
6036 Chad Newbe Chad Newberry Construction Inc
Transfer to Projects
Transfer to Savings
Polycap - Jan -CPPDC -1294
Innovative Technology Solutions - February
-10613
Susan’s Cleaning Service
Cumberland Plateau Planning District
Commission
Dominion Office Products Inc.
Virginia Community Capitai
Transfer from Projects
3B Consulting - 1257 - February
CPRWMA - February -13198
JM Conveyors - RE taxes - 771366
SWVACC - Invoice 202101141-1
DMME - cleaning - January - 23423968
JM Conveyors - February - 771087
February Interest
TG
TG
2,356.75
600.00
74,188.44
71,453.70
02/23/21
02/24/21
1,623.00
2,734.74
6038 SUSANCL
CPPD6039
02/24/21
02/24/21
02/24/21
02/26/21
02/26/21
02/26/21
02/26/21
02/26/21
02/26/21
02/28/21
56.14
32,196.83
71,397.56
39,200.73
53,954.98
57,454.98
57,654.98
75,815.94
79,738.07
81,370.07
95,603.07
95,606.36
6040 DomOffice
Virginia Co6041
14,754.25
3,500.00
200.00
18,160.96
3,922.13
1,632.00
14,233.00
TG
3.29TG
95,606.36Totals 102,074.22 76.469.38L
Transaction count = 37
PagelPrinted by 13
Carlton
Typewriter
February Financial Reports
; 9042MO - Russell County Industrial Development Authority
February Financial Reports _ Bank Account Register
1 Operating Account
February 1, 2021 - February 28, 2021
Checks/ Deposits/
Date Reference PayeeID Description Payments Additions Balance
Beginning Balance 121,211.20
ozyonj2 16 First Bank & Trust - DSS 5,764.59 115,446.61
2/02/21 6029. Chafin Law = Chafin Law Firm, P.C. 1,479.00 113,967.61
o2poz/aa {6030 DomOffice Dominion Office Products Inc. 392 113,928.39
o2yozy2a 6031 Innovative Innovative Technology Solutions 3750 113,890.89
02/08/21 RC Dept of SS - January - 154421 13,582.00 127,472.89
02/08/21 6032 BTC Bostic, Tucker & Co. 500.00 126,972.89
02/08/21 6035 RCBOS Russell County Board of Supervisors 14,914.22 112,058.67
07/08/24 16 Rent - Data Entry 2,410.00 114,468.67
2/10/21 6033 VaTobacco Treasure of Virginia 10,750.00 103,718.67
7/10/21 6034 VCEDA Virginia Coalfield Economic Development 12,441.66 91,277.01
Authority
02/10/21 16 “Transfer Back from Motel 41,115.00 92,392.01
ozpaa/aa 1508 ‘Sword, Roger D 184.70 9220731
ozjaa/at 1509 Gimer, Scott 3 184.70 92,022.61
onpaa/at 1st Eliott, Catton 184.70 91,837.91
oajaajat 1512 McFaddin, Emest 5,184.70 86,653.21
ozpaajat 1513 Lockridge, Richard 184.70 86,468.51
ozyyjaa 1514 Glass, Jarred 18470 96,283.81
onpsjaa 1515 Christian, Donnie 18470 86,099.11
ozpsj21 1516 ‘Stamper, John Michael 18470 9591441
07/15/21 TG 941 Internal Revenue Service 460.10 95,454.31
07/36/21 6036 Chad Newbe Chad Newberry Construction Inc 2,499.62 82,954.69
07/16/21 1G ‘Transfer to Projects 10,000.00 72,954.69
op7j21 6 ‘Transfer to Savings 100.00 72,854.69
pga Polycap - Jan -CPPDC - 1294 2,356.75 75,211.44
pga Innovative Tectoogy Soon - Fetrury ‘600.00, 75,811.44
02/23/21 6038 SUSANCL ‘Susan’s Cleaning Service 1,623.00 74,188.44
07/24/21 6039 CPPD (Cumberland Plateau Planning District 2,734.74 71,453.70
Commission
07/24/24 6040 Domoffice Dominion Office Products Inc. 56.14 71,397.56
o2/24j2i 6041 Virginia Co. Virginia Community Capital 32,196.83 39,200.73
02/24/21 16 Transfer from Projects 14,754.25 53,954.98
02/26/21 [3B Consulting - 1257 - February 3,500.00 S7ASA98
02/26/21 (CPRWMA - February - 13198 200.00 57,654.98
02/26/21 {JM Conveyors - RE taxes - 771366 18,160.96 75,815.94
02/26/21 ‘SWVACC - Invoice 202101141-1 3,922.13, 79,738.07
02/26/21 DMME - cleaning - January - 23423968 1,632.00 81,370.07
02/26/21 JM Conveyors - February - 771087 14,733.00 95,603.07
02/28/21 16 February Interest 3.29 95,606.36
Totals 102,07. 76,469.38 95,606.36
‘Transaction count = 37
Printed by 13 Paget
9042MO - Russell County Industrial Development Authority
Bank Account Register
Projects Account
February 1, 2021 - February 28, 2021
Deposits/
Additions
Checks/
Payments BalanceDescriptionDate Reference Payee ID
8,043.64
7,459.64
2,864.64
138,164.64
Beginning Baiance
Sign Shop
Thompson & Litton, Inc.
Commonwealth of VA - Tobacco Rgn
Revitalization Comm
IGO Technology
Chad Newberry Construction Inc
DR Price Engineering 8i Land Surveying, Inc.
Transfer to Projects
VA Dept of Envirment Quality - VDEQ
Virginia Coalfield Economic Development
Authority
Sign Shop
Transfer from Projects
584.00
4,595.00
02/02/21
02/02/21
02/08/21
signshop
Thompson Li
1120
1121
135,300.00
2,864.64
474.42
(4,525.58)
5,474.42
2,720.42
2,700.42
135,300.00
2,390.22
5,000.00
02/08/21
02/16/21
02/16/21
02/16/21
02/23/21
02/23/21
1122 IGO
Chad Newbe
DRPrice
1123
1124
10,000.00TG
2,754.00
20.001126 VCEDA
2,350.42
(12,403.83)
2,350.42
350.00
14,754.25
02/24/21
02/24/21
02/26/21
signshop1127
TG
14,754.25VCDA Coal Tax credit - Dist #12 Polycap -
1182
2,351.040.6202/28/21 Febaruary InterestTG
160,054.87 2,351.04Totals 165,747.47
Transaction count = 13
Page 1Printed by 13
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9042MO - Russell County Industrial Development Authority
Bank Account Register
Motel Construction
February 1, 2021 - February 28, 2021
Deposits/
Additions
Checks/
Payments BalanceDescriptionDate Reference Payee ID
(8,533.44)
21,466.56
20,351.56
Beginning Balance
Holiday Inn Express - 7051
Transfer Back from Motel
30,000.0002/08/21
02/10/21 1,115.00
LTG
20,351.5630,000.00Totals 1,115.00
Transaction count = 2
Page 1Printed by 13
9042MO - Russell County Industrial Development Authority
Bank Account Register
Motel Construction
February 1, 2021 - February 28, 2021
‘Checks/ Deposits/
Date Reference PayeeID Description Payments Additions Balance
Beginning Balance (8,533.44)
07/08/21 Holiday Inn Express - 7051 30,000.00 21,466.56
o2fi0/21 16 “Transfer Back from Motel 4,115.00 20,351.56
Totals 1,115.00 730,000.00 20,351.56.
‘Transaction count =
Paget
Printed by 13
9042MO - Russell County Industrial Development Authority
Bank Account Register
steel Fab
February 1, 2021 - February 28, 2021
Deposits/
Additions
Checks/
Payments BalanceDescriptionDate Reference Payee ID
91,077.06
68,977.90
56,243.93
Beginning Balance
Town of Lebanon 22,099.16
12,733.97
Town of Leb
VCEDA
02/10/21
02/10/21
2768
Virginia Coalfield Economic Development
Authority
Samuel - February - 165535
February Interest
2769
91,389.91
91,391.99
35,145.9802/26/21
02/28/21 2.08TG
35,148.06 91,391.99Totals 34,833.13
Transaction count = 4
Page 1Printed by 13
9042MO - Russell County Industrial Development Authority
Bank Account Register
Steel Fab
February 1, 2021 - February 28, 2021
Checks] Deposits]
Date Reference PayeeID _ Description Payments Additions
Beginning Balance
onjso7a 2768 Town of Leb Town of Lebanon 22,099.16
ojso/21 2769 VCEDA Virginia Coalfield Economic Development 12,733.97
Authority
02/26/21 Samuel - February - 165535 35,145.98
o7/25/2t 1 February Interest 2.08
‘Transaction count = 4
35,148.06
Printed by 13
9042MO - Russell County Industrial Development Authority
Bank Account Register
UDFS RLF - Bus Int 0002
February 1, 2021 - February 28, 2021
Checks/
Payments
Deposits/
Additions BalanceDate Reference Payee ID Description
9,418.26
9,418.26
Beginning Balance
0.00Totals 0.00
Transaction count = 0
Page 1Printed by 13
9042MO - Russell County Industrial Development Authority
Bank Account Register
UDFS RLF - Bus Int 0002
February 1, 2021 - February 28, 2021
Transaction count = 0
Checks/ Deposits/
Date Reference PayeeID Description Payments Additions Balance
Beginning Balance 9,418.26
Totals 0.00 0.00 9,418.26
Printed by 13
Page 1
9042MO - Russell County Industrial Development Authority
Bank Account Register
X Money Market Account / Savings
February 1, 2021 - February 28, 2021
Deposits/
Additions
Checks/
Payments BalanceDate Reference Payee ID Description
100,974.40
101,074.40
101,093.77
Beginning Baiance
Transfer to Savings
February Interest
02/17/21
02/28/21
100.00
19.37
TG
TG
101,093.77Totals 0.00 119.37
Transaction count = 2
Page 1Printed by 13
9042MO - Russell County Industrial Development Authority
Bank Account Register
X Money Market Account / Savings
February 1, 2021 February 28, 2021
‘Checks/ Deposits/
Date Reference Payee ID Description Payments: Additions Balance
Beginning Balance 100,974.40
02/17/21 1G ‘Transfer to Savings 100.00 101,074.40
02/28/21 uc February Interest 19.37, 101,093.77
119.37 101,093.77
Transaction count = 2
Printed by 13 Paget
20-Jul Aug-20 20-Sep 20-Oct 20-Nov 20-Dec 21-Jan 21-Feb 21-MarMonthly Checks
VSBFA
VCEDA
s/
VCEDA
VCEDA
CPPD
VCEDA
VCEDA
Tobacco Commission - Semi-Annually
Tobacco Commission Steel Fab - Annual
Town of Lebanon
Board Member Expenses
Board Member Payroll
v’✓
«/ >✓ s/ y/s/ y/ y/y/
y/ y/ y/ y/ y/ y/y/ y/ y/
2/10/20217/31/2020
s/ y/y/ y/ y/ y/ y/y/ y/
y/y/ y/ y/ y/y/ y/ y/ y/
y/ y/«/ y/ y/ y/ y/y/
y/ y/y/ «✓ y/y/ s/ «/y/
AP
y/ y/ y/y/ y^ y/ y/
Board of Supervisors
VCEDA / Polycap
CPPDC / Polycap
Town of Lebanon / Polycap
Virginia Community Capital
FB&T-DSS-EFT
VA Tobacco Commission - semi-annually
February and August
Susans Cleaning Service
VCC - pay when Polycap pays us
FB&T-LOC-IOth of the month
email Erin to pay
y/y/ y/ y^y/ y/ y/
y/ y/y/ y/ y/ y/
A
y/ y/ y/y/ y/ y/y/
y/ y/ y/«/ y/ y/ y/y/
y/
y/ y/ y/ y/y/ y/ y/y/ y/
y/ y/ y/ y/y/ y/y/
y/y/ y/
Lebanon Inn check for $8535.16 is for
$5287.86 - VSBFA & $3247.30 - CPPDC
Monthly Checks 20-Jul_Aug-20 20-Sep 20-Oct_20-Nov 20-Dec_21-Jan__21-Feb 21-Mar
VSBFA Vv v v v v v
VCEDA
VCEDA
VCEDA
CPPD v v Vv v v v v
VCEDA
VCEDA
Tobacco Commission - Semi-Annually
Tobacco Commission Steel Fab - Annual]
Town of Lebanon
Board Member Expenses
Board Member Payroll
AP
Board of Supervisors
VCEDA / Polycap
CPPDC / Polycap
Town of Lebanon / Polycap
Virginia Community Capital
FB&q - DSS - EFT ¥
VA Tobacco Commission - semi-annually. ¥
February and August
‘Susans Cleaning Service ¥ v v v v ¥ v v v
VCC - pay when Polycap pays us ¥ v v v
FB8qT - LOC - 10th of the month v ¥ ¥
email Erin to pay
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Lebanon Inn check for $8535.16 is for
$5287.86 - VSBFA & $3247.30 - CPPDC
Russell County Board of Supervisors
February-21
3B Consulting 1257 3,500.00
3,500.00
Hold Back
Chad Newberry - Repairs (2,499.62)
1,000.38
Russell County Board of Supervisors
February-21
38 Consulting 1287 3,500.00
3,500.00
Hold Back
Chad Newberry - Repairs (2,499.62)
1,000.38
9042MO - Russell County Industrial Development Authority
Bank Account Register
1 Operating Account
March 1, 2021 - March 31, 2021
Deposits/
Additions
Checks/
Payments BalanceDate Reference Payee ID Description
95,606.36
89,841.77
88,068.77
87,712.98
76,604.82
69,552.02
69,537.57
73,037.57
73,237.57
91,398.53
93,030.53
Beginning Balance
First Bank & Trust - DSS Loan
Susan’s Cleaning Service
Chad Newberry Construction Inc
Russell county Treasurer Office
Town of Lebanon
Dominion Office Products Inc.
3B Consulting - February -1257
CPrWMA - February -13198
JM Conveyors - RE taxes - 771366
Commwealth of VA - DMME - January -
23423968
JM Conveyors - 771-087- January
Rent - Data Entry
Transfer to Projects
Bostic, Tucker 8i Co.
Virginia Coalfield Economic Development
Authority
Sword, Roger D
Gilmer, Scott J
Elliott, Carlton
McFaddin, Ernest
Lockridge, Richard
Glass, Jarred
Christian, Donnie
Stamper, John Michael
MISC PAY RD TREAS 310 CCD
Chafin Law Firm, P.C.
Russell County Board of Supervisors
Internal Revenue Service
3B Consulting Services - March -1270
Hcnaker Wholesale - 2163 - February
RC Dept of SS - February - 154728
Commonwealth of VA- DMME - December -
23431496
Innovative Technology Solutions -10616 -
March 8i April
Transfer to USDA RLF
Moody Sprinkler Company, Inc.
Suburban Propane
Chafin Law Rrm, P.C.
Dominion Office Products Inc.
Robinson, Farmer, Cox Associates, PLLC
Susan’s Cleaning Service
Closing on Project Reclaim
Appalachian Natural Gas Distribution
company
Thompson & Litton, Inc.
03/01/21
03/02/21
03/02/21
03/02/21
03/02/21
03/02/21
03/03/21
03/03/21
03/03/21
03/03/21
5,764.59
1,773.00
355.79
11,108.16
7,052.80
14.45
TG
6042 SUSANCL
Chad Newbe6044
6045
6046
6051 DomOffice
3,500.00
200.00
18,160.96
1,632.00
03/03/21
03/05/21
03/05/21
03/08/21
03/08/21
107,263.53
108,968.53
105,468.53
104,968.53
92,526.85
14,233.00
1,705.00TG
TG 3,500.00
500.00
12,441.68
6047 BTC
6048 VCEDA
03/09/21
03/09/21
03/09/21
03/09/21
03/09/21
03/09/21
03/09/21
03/09/21
03/09/21
03/10/21
03/10/21
03/10/21
03/12/21
03/12/21
03/12/21
03/12/21
1517 184.70
184.70
184.70
5,184.70
184.70
184.70
184.70
184.70
92,342.15
92,157.45
91,972.75
86,788.05
86,603.35
86,418.65
86,233.95
86,049.25
94,849.25
93,111.25
92,110.87
91,650.77
95,150.77
95,325.85
108,907.85
115,057.23
1518
1520
1521
1522
1523
1524
1525
TG 8,800.00
6049 Chafin Law
RCBOS
1,738.00
1,000.38
460.10
6050
TG 941
3,500.00
175.08
13,582.00
6,149.38
03/12/21 116,257.231,200.00
03/12/21
03/17/21
03/17/21
03/23/21
03/23/21
03/23/21
03/23/21
03/23/21
03/24/21
TG 8,800.00
425.00
52.95
2,641.00
68.10
12,000.00
1,623.00
107,457.23
107,032.23
106,979.28
104,338.28
104,270.18
92,270.18
90,647.18
1,690,647.18
1,689,107.18
6052 Moody Sprin
Suburban
Chafin Law
DomOffice
Robinson
SUSANCL
6053
6054
6055
6056
6057
1,600,000.00TG
6058 AppNatGas 1,540.00
03/24/21
03/29/21
03/29/21
1,688,897.98
1,689,366.39
1,689,371.39
6059 Thompson Li 209.20
468.41IRS
Chafin Law Firm -14236 - Legal fees RC
Reclamation LLC
JM Conveyors - 771605 -
CPWM - 13225 - March
Chafin Law Rrm 14240
Hungate Business Services
Innovative Technology Solutions
Honaker Wholesale - 375 - March & April
H 8i H Log Yard -16439 - March and April
5.00
03/29/21
03/29/21
03/29/21
03/29/21
03/29/21
03/31/21
03/31/21
14,233.00
200.00
31,000.00
1,703,604.39
1,703,804.39
1,734,804.39
1,734,723.62
1,734,583.62
1,734,933.78
1,737,933.78
6060 80.77
140.00
Hungate
Innovative6061
350.16
3,000.00
Printed by 13 Page 1
Carlton
Typewriter
March Financial Reports
9042MO - Russell County Industrial Development Authority
. . Bank Account Register
March Financial Reports 1 Operating Account
March 1, 2021 - March 31, 2021
Checks/ Deposits
Date Reference Payee ID Description Payments Additions Balance
Beginning Balance 95,606.36
03/01/21 uc First Bank & Trust - DSS Loan 5,764.59 89,841.77
03/02/21 6042 SUSANCL ‘Susan’s Cleaning Service 1,773.00 88,068.77
03/02/21 6044 Chad Newbe Chad Newberry Construction Inc 355.79 87,712.98
03/02/21 6045 Russell County Treasurer Office 11,108.16. 76,604.82
03/02/21 6046 ‘Town of Lebanon 7,052.80 69,552.02
03/02/21 6051 DomOffice Dominion Office Products Inc. 14.45 69,537.57
03/03/21 3B Consulting - February - 1257 3,500.00 73,037.57
03/03/21 CPrWMA - February - 13198 200.00 73,237.57
03/03/21 JM Conveyors - RE taxes - 771366 18,160.96 91,398.53
03/03/21 Commweaith of VA - DMME - January - 1,632.00 93,030.53
23423968
03/03/21 JM Conveyors - 771-087- January, 14,233.00 107,263.53
03/05/21 1 Rent - Data Entry 1,705.00 108,968.53
03/05/21 TS ‘Transfer to Projects: 3,500.00 105,468.53
03/08/21 6047, BTC Bostic, Tucker & Co. 500.00 104,968.53
03/08/21 6048 VCEDA. ‘Virginia Coalfield Economic Development 12,441.68 92,526.85
oxyosyan 117 Sword Roger 10470 sa42as
03/09/21 1518 Gilmer, Scott J 184.70 92,157.45
03/09/21 1520 Elliott, Cariton 184.70 91,972.75
03/09/21 1521 McFaddin, Emest 5,184.70 86,788.05
03/09/21 1522 Lockridge, Richard 184.70 86,603.35
03/09/21 1523 Glass, Jarred 184.70 86,418.65
03/09/21 1524 ‘Christian, Donnie 184.70 86,233.95,
03/09/21 1525 ‘Stamper, John Michael 184.70 86,049.25
03/09/21 1G MISC PAY RD TREAS 310 CCD 8,800.00 94,849.25,
03/10/21 6049 Chafin Law ‘Chafin Law Firm, P.C. 1,738.00 93,111.25
03/10/21 6050 RCBOS Russell County Board of Supervisors 1,000.38 92,110.87
03/10/21 TG 941 Internal Revenue Service 460.10 91,650.77
03/12/21 3B Consulting Services - March - 1270 3,500.00 95,150.77
03/12/21 Honaker Wholesale - 2163 - February 175.08 95,325.85
03/12/21 RC Dept of SS - February - 154728 13,582.00 108,907.85
03/12/21 ‘Commonwealth of VA- DMME - December - 6,149.38 115,057.23
73431496
03/12/21 Innovative Technology Solutions - 10616 - 1,200.00 116,257.23
March & April
03/12/21 1G ‘Transfer to USDA RLF 8,800.00 107,457.23
03/17/21 6052 Moody Sprin Moody Sprinkler Company, Inc. 425.00, 107,032.23
03/17/21 6053 Suburban ‘Suburban Propane 52.95 106,979.28
03/23/21 6054 Chafin Law ‘Chafin Law Firm, P.C. 2,641.00 104,338.28
03/23/21 6055 DomOffice Dominion Office Products Inc. 68.10 104,270.18
03/23/21 6056 Robinson __—_—Robinson, Farmer, Cox Associate, PLLC 12,000.00 92,270.18
03/23/21 6057 SUSANCL Susan’s Cleaning Service 1,623.00 90,647.18
03/23/21, 16 Closing on Project Reclaim 1,600,000.00 _1,680,647.18,
03/24/21 6058 AppNatGas ‘pealachian ‘Natural Gas Distribution 1,540.00 1,689,107.18
i
03/24/21 6059 Thompson Li Thompson ‘& Litton, Inc. 209.20, 1,688,897.98
03/29/21 IRS 468.41 1,689,366.39
03/29/21 Chafin Law Firm - 14236 - Legal fees RC 5.00 1,689,371.39
Reclamation LLC
03/29/21 JM Conveyors - 771605 - 14,233.00 1,703,604.39
03/29/21 CPM - 13225 - March 200.00 1,703,804.39
03/29/21 Chafin Law Firm 14240 31,000.00 1,734,804.39
03/29/21 6060 Hungate ‘Hungate Business Services 80.77 1,734,723.62,
03/29/21, 6061 Innovative __Innovative Technology Solutions 140.00 1,734,583.62
03/31/21 Honaker Wholesale - 375 - March & April 350.16 1,734,933.78
03/31/21 H & H Log Yard - 16439 - March and April 3,000.00 1,737,933.78
Printed by 13 Paget
9042MO - Russell County Industrial Development Authority
Bank Account Register
1 Operating Account
March 1, 2021 - March 31, 2021
Deposits/
Additions
Checks/
Payments BalanceDate Reference Payee ID Description
1,744,083.1603/31/21 Commonwealth of VA- DMME - 23473788 -
January
RC Health Dept - 1st qtr of 2021 - 32630
Susan’s Cleaning Service
March Interest
6,149.38
1,754,208.16
1,753,858.16
1,753,860.74
03/31/21
03/31/21
03/31/21
10,125.00
350.006062 SUSANCL
2.58TG
1,753,860.74Totals 80,116.57 1,738,370.95
Transaction count = 55
Page 2Printed by 13
9042M0 - Russell County Industrial Development Authority
Bank Account Register
1 Operating Account
March 1, 2021 - March 31, 2021
‘Checks/ Deposits/
Date Reference PayeeID Description Payments Additions Balance
03/31/21 ‘Commonwealth of VA- DMME - 23473788 - 6149.38 1,744,083.16
January
03/31/21 RC Health Dept - ist qtr of 2021 - 32630 10,125.00 1,754,208.16
03/31/21 6062 SUSANCL Susan’s Cleaning Service 350.00 1,753,858.16
03/312 16 March Interest 2.58 ___1,753,860.74
Totals 80,116.57 __1,738,370.95 __1,753,860.74
‘Transaction count = 55
Printed by 13
Page?
9042MO - Russell County Industrial Development Authority
Bank Account Register
Projects Account
March 1, 2021 - March 31, 2021
Checks/
Payments
Deposits/
AdditionsDate Reference Payee ID Description Balance
Beginning Baiance
First Bank LOC Interest - February
Commonweaith of VA - Dept of Fiousing &
Cmnty Devei - 23431495
IGO Technoiogy
Transfer to Projects
PENGUIN MAILBOXES
First Bank & Trust - March LOC Interest
Line of Credit Interest
Commonwealth of VA Tobacco Revitlization

23451668 - Project reclaim
Closing on Project Reclaim

VA - Tobacco Rgn Revitalization Comm -
23463132 - IGO
iGo Technology
March Interest
2,351.04
877.63
49,243.09
03/02/21
03/03/21
LL 1,473.41
48,365.46
03/03/21
03/05/21
03/08/21
03/11/21
03/11/21
03/17/21
1128 IGO 48,364.46 878.63
4,378.63
1,470.73
67.48
(1,315.65)
1,598,684.35
TG 3,500.00
TG 2,907.90
1,403.25
1,383.13tg
1,600,000.00
03/23/21
03/31/21
(1,315.65)
211,620.99
TG 1,600,000.00
212,936.64
03/31/21
03/31/21
(1,315.65)
(1,307.33)
1129 212,936.64
8.32TG
Totals 1,864,810.42 (1,307.33)1,868,468.79
Transaction count = 12
Page 1Printed by 13
9042MO - Russell County Industrial Development Authority
Bank Account Register
Projects Account:
March 1, 2021 - March 31, 2021.
Checks/ Deposits/
Date Reference Payee ID Description Payments Additions Balance
Beginning Balance 2,351.04
03/02/21 uw First Bank LOC Interest - February 1,473.41 877.63
03/03/21 ‘Commonwealth of VA - Dept of Housing & 48,365.46, 49,243.09
Cnty Devel - 23431495
03/03/21 1128 IGO IGO Technology 48,364.46 878.63
03/05/21 1G ‘Transfer to Projects 3,500.00 4,378.63
03/08/21 acd PENGUIN MAILBOXES: 2,907.90 1,470.73
03/11/21 First Bank & Trust - March LOC Interest 1,403.25 67.48
03/11/21 tg Line of Credit Interest 1,383.13 (1,315.65)
03/17/21 ‘Commonwealth of VA Tobacco Revitlization 1,600,000.00 1,598,684.35

23451668 - Project reclaim
03/23/21 1 ‘Closing on Project Reclaim 1,600,000.00 (1,315.65)
03/31/21 VA - Tobacco Rgn Revitalization Comm - 212,936.64 211,620.99

23463132 IG0
03/3121 1129 iGo Technology 212,936.64 (131565)
03/31/21 TS March Interest 8.32 (1,307.33)
‘Transaction count = 12
Totals
1,868,468.
1,864,810.4 (1,307.33)
Printed by 13
Page
9042MO - Russell County Industrial Development Authority
Bank Account Register
Motel Construction
March 1, 2021 - March 31, 2021
Checks/
Payments
Deposits/
Additions BalanceReference Payee ID DescriptionDate
20,351.56
15,063.70
8,569.10
Beginning Balance
VSBFA
Cumberland Plateau Planning District
Commission
VSBFA
03/03/21
03/09/21
5,287.86
6,494.60
2606 VSBFA
CPPD2607
03/17/21 5,287.86I 3,281.242608 VSBFA
Totals 17,070.32 0.00 3,281.24
Transaction count = 3
Printed by 13 Page 1
9042M0 - Russell County Industrial Development Authority
Bank Account Register
Motel Construction
March 3, 2021 - March 31, 2021
Checks] Deposits/
Date Reference PayeeID Description
Beginning Balance
03/03/21, 2606 VSBFA VSBFA
03/09/21, 2607 CPPD ‘Cumberland Plateau Planning District
Commission
03/17/21 2608 VSBFA VSBFA
Totals
Transaction count = 3
Printed by 13
Page 1
9042MO - Russell County Industrial Development Authority
Bank Account Register
steel Fab
March 1, 2021 - March 31, 2021
Checks/
Payments
Deposits/
Additions BalanceDescriptionDate Reference Payee ID
91,391.99
69,292.83
56,549.69
Beginning Balance
Town of Lebanon
Virginia Coalfield Economic Development
Authority
Samuel - 165687 -
March Interest
03/08/21
03/08/21
Town of Leb
VCEDA
22,099.16
12,743.14
2770
2771
91,695.67
91,697.72
03/29/21
03/31/21
35,145.98
2.05TG
91,697.72Totals 34,842.30 35,148.03
Transaction count = 4
Page 1Printed by 13
9042M0 - Russell County Industrial Development Authority
Bank Account Register
‘Steel Fab
March 1, 2021 - March 31, 2021
‘Checks/ Deposits/
Date Reference PayeeID _ Description Payments Additions Balance
Beginning Balance 91,391.99
03/08/21 2770 Townofteb Town of Lebanon 22,099.16 69,202.83
03/08/21, 277 VEDA Virginia Coalfield Economic Development 12,743.14 56,549.69
‘Authority
03/29/21 ‘Samuel - 165687 - (35,145.98 91,695.67
03/31/21 ™ March Interest 05 91,697
Totals 3484730 35,148.03 91,697.72
‘Transaction count = 4
Printed by 13 Page 1
9042MO - Russell County Industrial Development Authority
Bank Account Register
USDA RLF - Bus Int 0002
March 1, 2021 - March 31, 2021
Checks/
Payments
Deposits/
Additions BalanceDate Reference Payee ID Description
9,418.26
9,243.26
(581.74)
8,218.26
8,218.48
8,218.72
8,218.72
Beginning Balance
Chafin Law Firm
NXTGen Mobile Welding Services LLC
Transfer to USDA RLF
February Interest
March Interest
03/12/21
03/12/21
03/12/21
03/31/21
03/31/21
1000 175.00
9,825.001001
TG 8,800.00
BalAdj 0.22
TG 0.24
Totals 10,000.00 8,800.46
Transaction count = 5
Page 1Printed by 13
9042MO - Russell County Industrial Development Authority
Bank Account Register
USDA RLF - Bus Int 0002
March 1, 2021 - March 34, 2021
‘Checks/ Deposits/
Date Reference PayeeID __Description Payments Additions Balance
Beginning Balance 9418.26
o3/2/21 1000 (Chafin Law Firm 175.00 9,243.26
03/12/21 1001 NXTGen Mobile Welding Services LLC 9,825.00 (581.74)
03/12/21 16 ‘Transfer to USDA RLF 8,800.00 8,218.26
03/31/21 Balad} February Interest, 0.22 8,218.48
03/31/21 1G March Interest 0.24 8,218.72
Transaction count = 5
Totals
10,000, 3,800.46 8,218.72
Printed by 13
Paget
9042MO - Russell County Industrial Development Authority
Bank Account Register
X Money Market Account / Savings
March 1, 2021 - March 31, 2021
Checks/
Payments
Deposits/
Additions BalanceDate Reference Payee ID Description
101,093.77
101,115.24
Beginning Balance
March Interest03/31/21 21.47tg
Totals 0.00 21.47 101,115.24
Transaction count = 1
Printed by 13 Page 1
9042M0 - Russell County Industrial Development Authority
Bank Account Register
X Money Market Account / Savings
March 1, 2021 - March 31, 2021
Checks/ Deposits/
Date Reference PayeeID _Description Payments Additions Balance
Beginning Balance 101,093.77
03/31/21 ‘9 March Interest 7 101,115.24
101,115.24
Totals
Transaction count = 1
Printed by 13 Page 1
21-Mar 21-Apr
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20-Jul Auq-20 20-Sep 20-Oct 20-Nov 20-Dec 21-Jan 21-FebMonthly Checks
VSBFA
VCEDA
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VCEDA
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Tobacco Commission Steel Fab - Annual
Town of Lebanon
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Board Member Payroll

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VCEDA / Polycap
CPPDC / Polycap
Town of Lebanon / Polycap
Virginia Community Capital
FB&T - DSS - EFT
VA Tobacco Commission - semi-annually
February and August
Susans Cleaning Service
VCC - pay when Polycap pays us
FB&T-LOC-10th of the month
email Erin to pay

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Lebanon Inn check for $8535.16 Is for
$5287.86 - VSBFA & $3247.30 - CPPDC
Monthly Checks 20-Jul_Aug-20 20-Sep 20-Oct_20-Nov 20-Dec_21Jan__21-Feb 21-Mar_21-Apr
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Tobacco Commission - Semi-Annually | 7/1/2020} nOra02
Tobacco Commission Steel Fab - Annual
Town of Lebanon
Board Member Expenses
Board Member Payroll
AP
Board of Supervisors
VCEDA / Polycap
CPPDC / Polycap
Town of Lebanon / Polycap
Virginia Community Capital
FBRT - DSS - EFT ¥ cae
VA Tobacco Commission - semi-annually
February and August
Susans Cleaning Service y 5 2 v ca
VCC - pay when Polycap pays us y v |v v[|Y v
FBRT - LOC - 10th of the month v v ca
email Erin to pay
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Lebanon Inn check for $8535.16 is for
$5287.86 - VSBFA & $3247.30 - CPPDC.
Russell County Board of Supervisors
March-21
3,500.00
3,500.00
200.00
200.00
6,149.38
6,149.38
3B Consulting
3B Consulting
CPWM
CPWM
DMME
DMME
1257
1270
13198
13225
23431496
23473788
16,198.76
(52.95)
16,145.81
Russell County Board of Supervisors
March-21
3B Consuling 7257 3,500.00
38 Consulting 1270 3,500.00
cPWwM 13198 200.00
cPWM 13225 200.00
DMME 23431496 6,149.38
DMME 23473788 6,149.38
. 16,198.76
(62.95)
16,145.81